Charles Koch Hits $48 Million On His Donation To The George Mason University

Charles Koch Hits $48 Million On His Donation To The George Mason University

Charles Koch is one of the biggest political funders that have ever existed in the history of American politics. This political fundraiser derives his wealth from his business entity the Koch industries. The Koch Industries is ranked the top second firm that is privately owned in revenues in America. Charles Koch’s Koch Industries has invested in the energy sector, information technology, and telecommunications. Charles Koch and his brother David Koch own over 42% of stakes in this multi-billion international firm. The Koch brothers have been supporting the Republican party since they entered the political funding scene. In 2012, these super rich brothers donated over $400 million to the Republican campaigns and this year they are targeting more than $900 million.

Charles Koch has also been very vocal on various socio-political issues in the United States. Charles Koch has recently endorsed Bernie Sanders reforms calls. This billionaire industrialist issued out a statement saying that America as a nation was in great need of reforms. He says that the country needs to be reformed from the top down to the bottom. This reforms according to Charles Koch must touch on the economic structure of the nation. In the reforms, economic power should be redistributed from the few super rich to the lower tiers of the economy. Charles Koch also mentioned that the correctional facilities is also another sector that needs to be reformed and mass incarceration scraped off. Charles Koch said that the nation reforms will be vital in ensuring positive growth and development of the nation.

One of the other sectors that Charles Koch has been very concern with is the education sector. Charles Koch has been a major promoter of higher education and institutions of higher learning all across the global. Every year, Charles Koch has been dedicating over $20 million dollars towards education donations to various institutions across the nation. The George Mason University is one of the higher educational institutions that has greatly benefited from this top industrialist donations. Between 2011 and 2014, this university is said to have received over $48 million from Charles Koch through his Koch Foundation. This institution is the biggest beneficiary of Charles Koch donations to the education sector. Koch is said to be majorly funding this institution as it has established itself as one of the best elite hubs for conservationists in the United States. This year, this institution is expected to hit over $50 million donations from Charles Koch.